0 132Nd St, Omaha, NE 68046
This exceptional 117,172 square foot parcel presents a rare opportunity for development in Sarpy County, Nebraska's fastest-growing county. Strategically located at the intersection of Highway 370 and 132nd Street, this property boasts high visibility and easy accessibility. Currently zoned AG, the City of Papillion's Future Land Use map designates it as MU1, allowing for high-density residential, office, and commercial development. The site is conveniently adjacent to the Prairie Queen Recreation Area, offering a desirable amenity for future residents or businesses. Utilities are slated for completion (estimated 2020). The property is divided into three lots: Lot I (24,694 sq ft) and Lot II (24,694 sq ft) are priced at $12.00 per square foot, while Replat II (67,784 sq ft) is offered at $10.00 per square foot. This is one of the last remaining non-developer owned parcels east of I-80 and fronting Hwy 370, making it an exceptional investment opportunity. Don't miss this chance to secure a prime location in a thriving market. The property's strategic location and future development potential make it an ideal investment for discerning buyers. This is a unique opportunity to acquire a significant land holding in a rapidly expanding area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.